Michael Xie
2018
In 2018, Michael Xie earned a total compensation of $3.5M as President and Chief Technology Officer at Fortinet, a 24% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $232,447 |
|---|---|
| Option Awards | $1,420,673 |
| Salary | $427,000 |
| Stock Awards | $1,393,304 |
| Total | $3,473,424 |
Xie received $1.4M in option awards, accounting for 41% of the total pay in 2018.
Xie also received $232.4K in non-equity incentive plan, $427K in salary and $1.4M in stock awards.
Rankings
In 2018, Michael Xie's compensation ranked 3,274th out of 14,244 executives tracked by ExecPay. In other words, Xie earned more than 77.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,274 out of 14,244 | 77th |
Division Manufacturing | 1,210 out of 5,765 | 79th |
Major group Industrial And Commercial Machinery And Computer Equipment | 114 out of 458 | 75th |
Industry group Computer And Office Equipment | 46 out of 111 | 59th |
Industry Computer Peripheral Equipment, Not Elsewhere Classified | 13 out of 35 | 63rd |
Pay ratio
| Michael Xie's Pay | $3,473,424 |
|---|---|
| Median Employee's Pay | $131,767 |
| Pay Ratio | 26to 1 |
In 2018, the annual total compensation of Michael Xie was $3,473,424.
The annual total compensation of the median employee at Fortinet was $131,767.
The ratio of Michael Xie's pay to the pay of median employee was therefore 26 to one.
Source: SEC filing on April 30, 2019.
Xie's colleagues
We found four more compensation records of executives who worked with Michael Xie at Fortinet in 2018.